Employment by Economic Activity: Industry Excluding Construction: All Persons for the European Union
Annual, Not Seasonally Adjusted
LFEAINTTEUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,759,950.00
Year-over-Year Change
-6.39%
Date Range
1/1/2003 - 1/1/2019
Summary
The Annual, Not Seasonally Adjusted trend measures the civilian labor force participation rate for the United States. This key economic indicator provides insights into labor market dynamics and workforce participation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The civilian labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and over that is employed or actively seeking employment. This metric is widely used by economists and policymakers to assess the health and trends of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is an important input for analyzing employment, economic growth, and policy decisions.
Key Facts
- The U.S. labor force participation rate reached a high of 67.3% in 2000.
- Participation rates are lower for older workers and higher for prime-age adults.
- The labor force participation rate declined during the Great Recession and has not fully recovered.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the percentage of the civilian noninstitutional population aged 16 and over that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of labor market dynamics and workforce engagement, providing insights into employment, economic growth, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by economists, policymakers, and analysts to assess the health and trends of the U.S. labor market, which informs economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is updated annually and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEAINTTEUA647S), retrieved from FRED.